Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products. Go to Source
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Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI
Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion. Go to Source
Big Tech produced more carbon since 2019 than all Bitcoin mining ever
U.S. tech firms made huge commitments to “net zero” carbon emissions, but that was before ChatGPT hit the scene. Go to Source
South Korea’s 2nd largest chipmaker to invest $75B in AI through 2028
The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul. Go to Source
Zambia Working on Establishing an AI Framework, Says Minister
Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced education, and sustainable development. Zambia Revising Cyber Security and Crime Law The Zambian government has … Read more
OpenAI inks deal with Time while facing added lawsuit from news nonprofit
The nonprofit suing OpenAI produces the Mother Jones and Reveal news websites. Go to Source
Corporate AI could undermine Web3 and decentralization — Industry observers
Artificial intelligence could deliver a fatal blow to the dream of Web3. Go to Source
Toys ‘R’ Us AI-generated ad torn apart by critics
The AI-generated ad whipped up backlash from viewers who described it as a “weird dream” and “baffling.” Go to Source
ORA raises $20M in funding for tokenizing AI models
ORA plans to use the funds to expand its ecosystem, focusing on research and development of oracles and blockchain infrastructure. Go to Source
Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation of Bitcoin as a means of exchange, even with the … Read more
